MACOM Technology Solutions Holdings Inc (MTSI) Increases Again; Strong Momentum for Buyers

September 17, 2017 - By Vivian Currie

Investors sentiment increased to 1.07 in 2016 Q4. Its up 0.07, from 1 in 2016Q3. It is positive, as 25 investors sold MACOM Technology Solutions Holdings Inc shares while 57 reduced holdings. 30 funds opened positions while 58 raised stakes. 40.64 million shares or 5.55% more from 38.50 million shares in 2016Q3 were reported.
Moreover, Tower Research Capital Ltd Company (Trc) has 0.01% invested in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) for 1,250 shares. American Century Inc has invested 0% of its portfolio in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Barclays Public Ltd Liability Com holds 0% or 6,893 shares in its portfolio. Comerica National Bank & Trust holds 36,391 shares or 0.01% of its portfolio. Asset Mgmt One holds 22,792 shares or 0% of its portfolio. Bamco New York stated it has 0.02% in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Nuveen Asset Mngmt Ltd Liability Corp reported 0.06% in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Cornerstone Capital Management Liability invested in 0% or 8,225 shares. Moreover, Jennison Associate Limited Company has 0.11% invested in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Cramer Rosenthal Mcglynn Limited Liability Co holds 0.96% in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) or 1.40M shares. Us Bankshares De holds 0% in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) or 6,077 shares. Voloridge Mngmt Limited owns 47,581 shares. Agf Invests Incorporated reported 39,646 shares. Timessquare Ltd Limited Liability Company holds 0.33% of its portfolio in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) for 1.07 million shares. Voya Inv Management Lc holds 8,991 shares.

Since March 30, 2017, it had 0 buys, and 23 insider sales for $34.17 million activity. Croteau John had sold 2,000 shares worth $96,858 on Monday, May 1. Another trade for 1,000 shares valued at $59,350 was sold by BLAND CHARLES R. Shares for $1.04 million were sold by Murphy Michael T.. Virk Preetinder S. sold $32,401 worth of stock or 533 shares. $610,063 worth of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) was sold by Kennedy John Francis. The insider OCAMPO JOHN L sold 59,750 shares worth $3.65M. On Tuesday, May 16 the insider MCMULLAN ROBERT sold $1.69M.

The stock of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) is a huge mover today! The stock increased 4.42% or $1.92 on September 15, reaching $45.36. About 844,756 shares traded. MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) has risen 62.84% since September 17, 2016 and is uptrending. It has outperformed by 46.14% the S&P500.
The move comes after 9 months positive chart setup for the $2.91B company. It was reported on Sep, 17 by Barchart.com. We have $48.99 PT which if reached, will make NASDAQ:MTSI worth $232.80M more.

Investors wait MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) to report on November, 21. its quarterly earnings Wall Street analysts expect $0.31 earnings per share, down $0.13 or 29.55 % from last year’s $0.44 same quarter earnings. This translates into $19.89 million profit for MTSI giving the stock a 36.58 P/E. This is assuming the current $0.31 EPS is accurate. MACOM Technology Solutions Holdings Inc’s Wall Street analysts see -38.00 % negative EPS growth, taking into account the $0.50 EPS reproted in the previous quarter,

MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) Ratings Coverage

Among 9 analysts covering M/A-Com Technology Solutions Holdings (NASDAQ:MTSI), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. M/A-Com Technology Solutions Holdings had 29 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Buy” rating by Jefferies on Monday, July 10. The stock of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) has “Neutral” rating given on Monday, June 27 by Bank of America. The firm has “Buy” rating by Needham given on Wednesday, July 29. The stock has “Buy” rating by Needham on Wednesday, August 2. Needham maintained it with “Buy” rating and $38 target in Tuesday, August 18 report. Jefferies reinitiated the stock with “Buy” rating in Tuesday, August 18 report. The stock of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) has “Buy” rating given on Thursday, December 3 by Stifel Nicolaus. The stock of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) earned “Buy” rating by Jefferies on Monday, September 11. The stock of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) has “Buy” rating given on Monday, January 11 by Craig Hallum. Barclays Capital maintained it with “Outperform” rating and $37 target in Tuesday, October 13 report.

More notable recent MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) news were published by: Seekingalpha.com which released: “MACOM Technology Solutions Holdings (MTSI) Q1 2017 Results – Earnings Call …” on February 01, 2017, also Fool.com with their article: “Why MACOM Technology Solutions Holdings Inc. Shares Dropped Today” published on April 26, 2017, Seekingalpha.com published: “MACOM Technology Solutions Holdings (MTSI) Q3 2017 Results – Earnings Call …” on August 02, 2017. More interesting news about MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) were released by: Nasdaq.com and their article: “MACOM Technology Solutions Holdings Reaches Analyst Target Price” published on July 13, 2017 as well as Seekingalpha.com‘s news article titled: “Headwinds Could Easily Turn Into Tailwinds At MACOM” with publication date: August 17, 2017.

MACOM Technology Solutions Holdings, Inc. is a well-known provider of high-performance analog semiconductor solutions that enable Internet applications, the cloud-connected applications economy, and the networked battlefield across the radio frequency , microwave, millimeterwave and photonic spectrum. The company has market cap of $2.91 billion. It has multiple design centers, silicon, gallium arsenide and indium phosphide fabrication, manufacturing, assembly and test, and operational facilities throughout North America, Europe, Asia and Australia. It currently has negative earnings. It also offers foundry services.

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